If You Attempt to Use a Local Variable Before It

question 14

Multiple Choice

If you attempt to use a local variable before it has been given a value, __________.

• A) a compiler error will occur
• B) the local variable will always contain the value 0
• C) the results will be unpredictable
• D) the local variable will be ignored

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Definitions:

Interest Payable

This refers to the amount of interest expense that a company owes to its creditors, which has been incurred but not yet paid.

Calendar Year

An accounting period that extends from January 1 to December 31.

Annual Interest Accrual

The amount of interest that accumulates on a financial obligation over the course of a year.

Bonds Issuance

The process of offering bonds to investors as a means of raising capital for the issuer.